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Frenchtown, NJ Real Estate


According to census data in the year 2000 there were 630 housing units in Frenchtown. This represents a 2.8% growth from 613 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 630 were located in what is classified as a rural area.

Homeownership rate in Frenchtown is about 57.6%. Frenchtown's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Frenchtown were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom18.40%
Two Bedrooms24.90%
Three Bedrooms38.40%
Four Bedrooms14.60%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1939
Median Value of occupied units$165,900
Median Price asked for vacant units$182,100

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1941
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.70%
Second Mortgage7.40%
Home Equity Loan14.80%
Simple Mortgage54%
Debt Free22.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.7%